Sr. Associate, Technology Risk

Overview

Sr. Associate, Technology Risk
Country:
United States of America

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make: The Sr. Associate, Business Control & Risk Management operates within the First Line of Defense and is accountable to assist the Business Control & Risk Management team in driving effective and consistent business line execution against the Enterprise Risk Management Framework. The incumbent is expected to champion the Business Control mandate as a critical business partner guiding stakeholders to embed risk management practices in the 1st line.

The Sr. Associate serves as a subject matter expert by advising and guiding risk initiatives such as risk assessments, KRI/KPI development and monitoring, working with the business line to proactively self-identify issues, and ensure on-time remediation of issues. The Sr. Associate must be able to effectively collaborate with various stakeholders while influencing strategic goals.

• Drive Risk Culture:
  Ensure awareness in the Business Line of risk frameworks, policies and standards.
• Communication & Training:
  Maintain two-way communications with SLoD. Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, processes, etc.
• Adherence to Risk Frameworks, Policies, and Standards:
  Partner with SLoD to provide input/review of frameworks, policies and standards. Facilitate Business Line awareness of and adherence to risk frameworks, policies, and standards. Report and escalate exceptions and facilitate Business Line corrective actions.
• Continuous Monitoring:
  Monitor all sources of risk within the Business Line and externally. Engage in research, peer networking, and experience to anticipate critical risk issues impacting the Business Line. Understand where credit, market/liquidity, operational, strategic, reputational, compliance, and model risks exist and continually assess and improve controls. Monitor Key Risk Indicators and report on negative/adverse trends. Monitor risk profile to maintain tolerance within Risk Appetite.
• Issue Identification, Management, and Risk Assessment:
  Conduct RCSA responsibilities including Process Mapping, Risk & Control Matrices, Inherent Risk Assessments, Internal Control testing and Heracles data/input. Ensure issues are identified and remediated in a timely manner and validate remediation to address root causes.
• Internal Control Testing:
  Implement and maintain internal control testing and control effectiveness monitoring. Validate adequacy of controls, escalate deficiencies, identify root causes, and ensure remediation to prevent recurrence.
• Exam Management:
  Liaison with the Business Line for all exam related activities including regulatory, Internal Audit and Credit Risk Review. Review materials, responses and validate remediation work.
• Manage and execute risk-related activities and routines as part of program areas including RCSA, Issues Management, Scenario Analysis, Top Risk, Material Risk Program, Event Escalation, Loss Management and Application Inherent Risk Assessment.

What You Bring: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's Degree or equivalent work experience:
  Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
  
  - Required.
• Master's Degree:
  Accounting, Business, Statistics, Risk…